The buying behavior of small and micro business owners is changing, with more companies wanting to buy insurance online to address their property and liability coverage needs. They are looking for quick online quotes based on a limited number of questions and frictionless application submission processes.
Goals and Objectives
Enable direct to customer insurance in the small and micro-business insurance sector to meet the requirements of the evolving consumer needs in the digital era. Tackle competition from insurtechs that are increasingly targeting the sector with nimble offerings.
Online quoting and submission platform
Use Case Summary
Build an online system with a limited number of questions to provide quick and easy quote for small and micro-business owners. Eliminate delays in the application process with built-in validation mechanisms and paperless processes.